Healthee, a healthcare benefits navigation platform, announced it secured $32 million in a Series A funding round.
Fin Capital, Glilot Capital Partners, and Group11 co-led the round with participation from TriNet, a publicly traded company providing companies with HR-related offerings, including payroll, benefits, compliance and risk-management solutions.
Lior Litwak, managing partner and head of Glilot+, an early growth fund of Glilot Capital Partners, will join Healthee’s board of directors.
WHAT IT DOES
Healthee, formerly Insurights, offers a platform that answers employees’ questions regarding benefits, coverage and treatment, as well as open enrollment support and preventative care recommendations.
The company will use the funds to scale its platform and operations and support its expansion initiatives.
“Healthee’s GenAI-based solution is a real game-changer in this industry and a true platform play for managing employers and employees complete health benefit needs,” Litwak said in a statement.
“We were greatly impressed by Healthee’s impact not only on employer healthcare costs but, more importantly, on employee wellbeing and out-of-pocket spend. We look forward to supporting Healthee on their journey to transform healthcare delivery to U.S. employees.”
MARKET SNAPSHOT
The company launched in 2021 as Insurights and rebranded to Healthee in 2022.
Last year, TriNet announced a collaboration with Healtheee to provide its customers with access to Healthee’s benefits-navigation offerings, including those that help employees pick the right healthcare benefits and navigate existing ones.
Other businesses offering a platform to help employees navigate their healthcare benefits include Chicago-based HealthJoy, which provides benefits navigation to employers and virtual services for chronic care management, dermatology, adult and adolescent mental health, musculoskeletal therapy, urgent care, nutrition, and tobacco cessation.
Healthcare navigation and pharmacy benefits platform Rightway is another company in the space, as are Angle Health, Pebble and Collective Health.
